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More →GRVT Burns 1.1 Million Tokens as Countdown to Grvt 2.0 Begins
<strong>[PRESS RELEASE – Singapore, Singapore, October 20th, 2026]</strong> <strong>The discretionary buyback represents close to 1% of circulating supply and precedes four planned product milestones culminating in Grvt 2.0.</strong> <a href="https://grvt.io/" rel="nofollow noopener" target="_blank">>Grvt</a>, a self-custodial trading platform built on its own zero-knowledge (ZK) chain, announced that the Foundation’s token issuer has completed its first GRVT token buyback, purchasing and burning 1.1 million GRVT tokens on the open market. The transaction permanently removed close to 1% of GRVT’s circulating supply at the time of purchase. It marks the first of five milestones ahead of the planned launch of Grvt 2.0 at the end of November 2026. <strong>A Discretionary Buyback with On-Chain Verification</strong> The Foundation’s token issuer intends to conduct further buybacks on a monthly basis. Each transaction remains entirely at the issuer’s discretion, with no predetermined purchase amount or guaranteed schedule. Buybacks are executed through an independent execution partner, with purchased tokens transferred to a designated burn address and permanently removed from circulation. The transactions can be independently verified through the <a href="https://grvt.io/exchange/buybacks" rel="nofollow noopener" target="_blank">>public buyback dashboard</a>, which records the number of tokens purchased and burned, the percentage of circulating supply represented, cumulative burns and on-chain transaction hashes. “The GRVT token is an important part of the ecosystem we are building,” said <strong>Hong, co-founder and CEO of Grvt</strong>. “We welcome the issuer’s buybacks as a demonstration of its long-term commitment to the ecosystem and community. Grvt is expanding its products and markets, and the issuer’s buybacks sit alongside that as a supportive mechanism aimed at reducing circulating token supply.” <strong>Grvt Outlines Four Product Milestones</strong> The announcement follows GRVT’s token generation event in July 2026 and precedes a series of planned launches. <strong>Grvt Earn, scheduled for the End of October,</strong> will introduce yield opportunities backed by tokenized assets, with target yields of up to 11%. Potential returns are expected to derive from underlying asset cash flows, including interest, premiums and invoice-related income. Asset-supplying partners will be announced at launch. Target yields are not guaranteed. <strong>Stable Funding Perps, scheduled for November,</strong> will introduce perpetual futures linked to commodities, stocks, foreign exchange and indices. The contracts are planned to carry zero trading fees and use once-daily funding. Grvt aims to list more than 1,000 markets by the end of December 2026. <strong>Yield as Margin, also scheduled for November,</strong> will allow eligible Grvt Earn balances to support trading positions while continuing to accrue yield, subject to applicable product terms
Edward Robinson: After AI brings productivity gains, central banks may be able to loosen monetary policy.
According to CoinWorld news, Edward Robinson, Chief Economist of the Monetary Authority of Singapore, said on October 20 that once artificial intelligence brings broad productivity gains, central banks may be able to ease monetary policy. At present, the AI investment boom is pushing up demand, and policy should remain restrictive. He pointed out that AI-related investment is driving economic growth, but the technology has not yet brought significant productivity improvements to the broader economy. The Monetary Authority of Singapore tightened monetary policy in April and July 2026, kept policy unchanged in October, and warned that domestic inflation could remain elevated if the AI boom pushes up unit labor costs.
Ken Griffin: Investors are almost certainly in an AI bubble.
According to a report from BiJie.com, billionaire Ken Griffin said investors are almost certainly in an AI bubble. The remark comes from a Bloomberg report.
Ken Griffin: Investors are almost certainly in an AI bubble
Ken Griffin of Citadel warns that investors are almost certainly in an AI bubble, as companies struggle to turn massive AI spending into measurable productivity gains. With Anthropic reportedly planning to spend $750 billion on computing in the future, questions about the return on AI investment are intensifying. But Griffin remains optimistic about AI's long-term potential.
Musk: AI may pose a threat, but it cannot be stopped.
Benzinga reports that Musk stated that artificial intelligence may pose a threat, but he cannot stop this process. He mentioned that participants must choose to be participants or bystanders.
The most recent funding rate for the ETH perpetual contract is 0.005404%.
CoinWorld data: The most recent funding rate for the ETHUSDT perpetual contract is 0.005404%, with longs paying shorts. Compared with the same-caliber snapshot 24 hours ago, it rose by 0.000026 percentage points; compared with the same-caliber snapshot 7 days ago, it rose by 0.0019 percentage points.
Trump: The Pentagon will invest $1.5 billion in North Carolina to produce semiconductor chips.
CoinWorld news: Trump stated that the Pentagon will invest $1.5 billion to produce semiconductor chips in North Carolina.
bitmnr added 159,700 ETH in new staking, with cumulative staking exceeding 5.227 million ETH.
CoinWorld data: bitmnr deposited 159,700 ETH into Ethereum staking within 6 hours, worth approximately $390 million. bitmnr has cumulatively staked over 5.227 million ETH, worth approximately $12.8 billion. Currently, 1.33 million ETH are waiting to be processed in the Ethereum staking queue, with a wait time of over 23 days, while 149,000 ETH are exiting staking, with a wait time of less than 4 days.
Blockaid report: 60 crypto attacks involved $1.18 billion, with victims recovering $9.8 million.
CoinWorld data: According to The Defiant, blockaid data shows that from January to August 2026, 60 cryptocurrency attack incidents involved approximately $1.18 billion in funds, with victims recovering only about $9.8 million, less than 1%. All frozen or returned funds were achieved through on-chain governance or validator actions, and stablecoin issuers' blacklist mechanisms did not recover any funds in these incidents.
The private keys of TLS certificates issued by India's emudhra are extremely weak and may be exploited by attackers to impersonate websites.
Bitcoin news reports that eight TLS certificates issued by India's emudhra were found to have extremely weak private keys, potentially allowing attackers to impersonate almost any website. Major browsers have blocked the affected certificates, but millions of servers, Linux systems, and internet-connected devices may still need updates. A cryptography expert warned that the scale of this cleanup could exceed the 2014 Heartbleed vulnerability, and no malicious exploitation has been confirmed yet.